For Sale 390.000€ - Villa
This is a unique investment opportunity. I am selling the property at about one quarter of what it will be worth when the new Occupation licences is granted, and the house reformed. The property is in one of the very best locations in the Golf valley, on the private lake of Lagomar, Las Brisas.The house is old ,with escritura from 1986. Evidence of the house goes back to before that date. It will take some years until the new Master Town Plan of Marbella is legalised, The new Occupation license will go together with that,
I am only selling now and below value as I do not wish to wait. In the meantime a new private driveable access agreement is to be made with one of three neighbouring properties.
A small electrical transformer needs to be moved away from the house.
Sunny all day, direct access onto the lake, room for pool. The property can be transformed into a true private Shangri La
Plot / Villa for Sale in Las Brisas – Lagomar- Hotel Golf Las Brisas
Size: Land 1028 m2.
House Interior: 228 m2.
Water and electricity: yes
IBI: approx 1200€ year
Constructed in the late 70s. As before the property is legal under the 1986 Plan. An independent road access needs to be written into the escritura- being negotiated presently.
It will probably take some years until the new Occupation license will be granted owing to the cancellation of the old one.
Rebuild options: / Investment
Presently the building can only be renovated within the original footprint. A change of legal status in future may permit a total demolition and rebuild.
Description: Needing rebuild
On Lake Lagomar. It is the only house on this side of the lake. Sunshine all day. The most beautiful ancient trees, Indian Bamboo, Lake full of fish and turtles.
Tremendous potential to build a Shangri-La of beauty, with room for pool.
Present Structure: Structure is solid. Interior needs complete reform. A small electric converter from Endesa needs to be moved
Sales Price: The property can be bought now at below the cost of the plot alone.
Plot prices: In the Golf Valley area plot prices vary from 500 € m2 to 675€ or more, making the plot alone worth more than the asking price. This location is unique and a suitable plot price would apply
Estimated guide value for renovated villa: from 1.2 million upwards, due to the exclusive location, security and privacy.
Casa del Lago – Walkway on lake to house (possible access)
- Terrace size: 1
- Plot size: 1028
- Property ID: R2754338
- Status: Available
- Last updated: 2016-09-16 11:18:57